5 Collingwood Street Osborne Park WA 6017

Located on Collingwood Street Osborne Park in the heart of the long-time performing Osborne Park commercial/industrial area.
The site is in proximity to King Edward Road, Hutton Street, Scarborough Beach Road and offers convenient access to the Mitchell Freeway both north and south bound.

Features Include:
Irreplaceable Osborne Park land of approx. 3,642sqm
Building area of approx. 2,200sqm split over 5 units
Solid and secure holding Income ranging from 2019 to 2022. Majority in 2021
Current rents are below market value so future rental increases are very realistic
Option periods with redevelopment clauses in the landlords favour
1 vacant unit to either occupy or release to increase the holding income
Future development potential
Income spread over 3 separate tenants
Rare green title purchase opportunity in Osborne Park that is securely leased
Benefit from the massive Investment at Innaloo Shopping Center

Do not miss this opportunity to invest one of Perths best performing long term suburbs in a great buying market.
Secure and diversified holding income with quality buildings at a potential purchase price that is supported by the underlying land value this will be a well contested property.